After it acquired UNS Energy for a total price tag of US$4.3 billion in 2014, Fortis followed it up by announcing a deal to acquire ITC Holdings for US$11.3 billion, a price tag that includes assumed debt.
Enbridge Inc. (TSX:ENB)(NYSE:ENB) and Fortis Inc. (TSX:FTS) are both popular among dividend investors. Let's take a look at the two energy infrastructure companies to see if one deserves to be in your portfolio.
At the ITC Holdings Corp. ("ITC") (NYSE:ITC) Special Meeting of Shareholders held today in Novi, Michigan, shareholders approved the acquisition of ITC by Fortis Inc. ("Fortis") (TSX:FTS). "We are very pleased with the solid support from our ...
Fortis Inc. (TSX:FTS) and Emera Inc. (TSX:EMA) are two of North America's largest electric and gas utilities companies, and both of their stocks represent very attractive long-term investment opportunities today.